<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

The famous Kings Cross intersection, crowned by the iconic looping Coca-Cola sign, is a cherished landmark etched into Sydney's collective memory.

It's been a permanent fixture since the mid 1970s, while the neighbouring apartment tower, Horizon by Harry Seidler, is one of Sydney's, if not Australia's, most notable buildings.

It was important for developer Greenland Australia to bring something iconic to the renowned intersection, the gateway to Kings Cross.

Their Victoria Street glass tower, Omnia, completed in 2018, serves as a modern counterpart to the historic area. The tower stands as a curvaceous hourglass on a tiled podium, an elegant nod to the renowned Coca-Cola sign.

The development, completed at the end of 2018, finds its home on the grounds of the former Crest Hotel. The metamorphosis from a hotel accommodation to luxurious residential living required substantial transformation, encompassing partial demolition of existing structures, combined with significant alterations and additions.

[smartcode_project:default project_id=5810 project_image_fid=86815]

Designed by the award-winning architects Durbach Block Jaggers, in collaboration with interior designers SJB, Omnia is home to 135 one, two and three-bedroom apartments.

Each benefits from&nbsp;panoramic vistas that stretch across the Sydney CBD skyline to the west, while to the east, views of Elizabeth Bay, Watsons Bay, and the iconic North and South Heads are on offer.&nbsp;Many of the apartments offer dual-level layouts and L-shaped sections, with the design strategy also welcoming an abundance of natural light into each.&nbsp;

The ground floor boasts a supermarket and specialty retail stores, while level one houses a selection of outlets.A lobby concierge and state-of-the-art security system enhance the sense of comfort and exclusivity, while below ground a basement car park caters to the residents' and business owners' needs.

[smartcode_project:default project_id=5810 project_image_fid=86814]

Omnia presents manicured open-air podium gardens, adorned with lush greenery and barbecue facilities.&nbsp;A communal garden also occupies the space between the podium and tower,&nbsp;not only beautifying the streetscape but also invigorating the grand intersection with life and lush landscapes.

The strategic location places residents within a stone's throw from the Kings Cross train station or a 10-minute walk from the heart of Sydney's CBD.

Top-tier restaurants such as Ms G’s, The Butler, Cho Cho San, and Apollo, along with the Woolloomooloo Wharf dining precinct, beckon food aficionados, while recreational facilities like Andrew ‘Boy’ Charlton Pool, Rushcutters Bay Park, and Centennial Park are also within proximity.&nbsp;

For families, Omnia's proximity to prestigious institutions including St Vincent’s Potts Point, Ascham Girls, Cranbrook, and Scots College offers a compelling advantage.

[smartcode_project_cta:default project_id=5810]

Their Victoria Street glass tower, Omnia, completed in 2018, serves as a modern counterpart to the historic area


From hotel to high-end apartments: The transformation of the Kings Cross Crest Hotel into Omnia

Builder developer BCentral chose a prime site in Bentleigh East for their now completed apartment development&nbsp;CIÉL.

The development is located on the corner of Centre and Browns Road, in the heart of everything Bentleigh East has to offer.

CIÉL's apartments are a testament to the collaborative efforts of architecture firm Perkins Architects and design experts from Zunica.&nbsp;

[smartcode_project:default project_id=3317 project_image_fid=76789]

The low-rise building is surrounded by lush landscaped gardens, offering a sense of peace and privacy amidst the city's hustle and bustle.

The apartments maximise natural light and space, resulting in generously sized one, two, and three-bedroom apartments that provide both tranquility and a leafy outlook, with each also&nbsp;

Embracing modernity and sustainability, CIÉL incorporates the latest hi-tech and environmentally friendly features, ensuring residents can enjoy the comforts of a modern home.

[smartcode_project:default project_id=3317 project_image_fid=73812]

The demand for CIÉL has been strong, with the ground floor now entirely sold out.

One and two-bedroom apartments are still available, with the completed apartments priced from&nbsp;$497,500.

[smartcode_project_cta:default project_id=3317]

CIÉL's apartments are a testament to the collaborative efforts of architecture firm Perkins Architects and design experts from Zunica

The heart of Bentleigh East: CIÉL's prime location

Local property developers BluePoint Property have once again made their mark on the coveted Palm Beach real estate landscape with their latest residential venture – Seventh Terraces.&nbsp;

The project emerges as the third addition to the group's Palm Beach portfolio, following the 34-apartment East Palm Beach and the 63-apartment SEA Palm Beach.

Seventh Terraces stands as a distinctive boutique project, comprising seven three-level beach homes that face the east, maximising ocean views from private rooftops.

A refined coastal aesthetic defines the homes, featuring upscale finishes that merge beachside living with luxury. Two-car garages, spacious storage areas, and private ground floor courtyards contribute to the allure of the beach houses.

Designed by BDA Architecture, the development's main objective was to diversify housing options within the precinct. The seven townhouses are interwoven amongst apartments and detached residences, fostering a sense of community while retaining individuality. The adaptability shines through in the design's integration of private home-based offices, all while maintaining the privacy of separate entrances and courtyards for neighbouring dwellings.

[smartcode_project:default project_id=89730 project_image_fid=186718]

The interiors of the beach houses exude coastal elegance, characterised by generous open-plan living and dining spaces that seamlessly transition to east-facing balconies. Expansive full-height glazing saturates the interiors with natural light, enhancing the connection to the picturesque surroundings, while a palette of light and stone, engineered timber, oak feature joinery, and brushed nickel accents contributes to an overall sophisticated ambiance that resonates with the iconic beachside setting.

The pièce de résistance of Seventh Terraces is the rooftop terraces. Positioned to capture the easterly panorama, the terraces forge a link with the Pacific Ocean, presenting a serene and awe-inspiring backdrop for residents.

Location-wise, Seventh Terraces enjoys an enviable position approximately 200 metres from the beach in the heart of Palm Beach. Nestled amongst a plethora of Gold Coast's premier dining establishments and cafes, the development is further enhanced by its proximity to the world-renowned Tallebudgera Creek to the north and Currumbin Creek to the south, both acclaimed as top-tier swimming destinations within Australia.

The development's central location aligns with Palm Beach's vibrant spirit, with the recently revamped Pavilions Shopping Centre and an array of boutique shops, medical facilities, and wellness centres all conveniently accessible to residents.

&nbsp;

Inside BluePoint Property's third Palm Beach development, Seventh Terraces

Veteran Brisbane developer Pikos is pushing ahead with its $300 million Kangaroo Point clifftop apartment development, Skye by Pikos.

Major excavation works have been completed by local South East Queensland builder Tomkins Commercial, with the basement car park, which will home 165 vehicles, now dug out at the dress circle River Terrace address.

The basement carpark excavation, which began in mid-December last year, saw three excavators, including a 40-tonne rock breaker, remove 24,000 cubic meters of earth and rock to reach the required 12.3-metre depth.

[smartcode_project:default project_id=90059 project_image_fid=218021]

Pikos Group managing director Pedro Pikos said it was a major milestone in the building process.

“It has been a major undertaking and a sure sign that this landmark development is moving forward to redefine residential living in Brisbane,” Pikos said.

Pikos, who founded the development company in Darwin in 1989 before shifting operations to Brisbane in the early 2000s, said premium apartments are currently well sought-after in the Queensland capital.

“Despite constrained supply, the demand for premium residential apartments remains strong as evidenced by outstanding off the plan sales for Skye,’’ Pikos said.

“In a climate where many other residential builds have been put on hold, the ones that are progressing are the ones in the best positions with premium offerings and world-class appeal."

[smartcode_project:default project_id=90059 project_image_fid=218023]

Skye, on a vast 2,3000 sqm site&nbsp;at 8 River Terrace above the Kangaroo Point cliffs, will see three Conrad Gargett-designed towers which will home 68 luxury apartments.&nbsp;

Residents will get exclusive access to the 1,000 sqm sky deck which will home an infinity pool and a rooftop leisure and restaurant precinct.&nbsp;

All apartments feature uninterrupted views of the Brisbane City skyline, South Bank, the Botanic Gardens and the Brisbane River.

[smartcode_project:default project_id=90059 project_image_fid=218024]

Construction is slated for completion in 2025.

Construction of new apartment projects in Brisbane had plummeted by nearly 90 per cent since the 2015/16 peak, marking the lowest levels in a decade.

The Queensland capital is also experiencing the lowest apartment completions since 2010 with only 1,300 apartments completed in 2022, down from a peak of 11,000 in 2016.

[smartcode_project_cta:default project_id=90059]

Pikos Group managing director Pedro Pikos said the basement excavation was a major milestone in the building process

Pikos advance construction at Kangaroo Point apartment development, Skye Residences

Welcome to the Monarch Residences! Join us as we dive into the captivating world of Brisbane's top-selling project, where luxury living and visionary design meet.

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties. Together, we'll uncover the secrets behind the incredible success of Monarch Residences and give you an exclusive peek into what makes this project truly remarkable.&nbsp;

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/Kwc6KrSKtsg?si=WoRkMucRkNnD3tdn" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=113455]

From the moment you step into the display suite, you'll understand why Monarch Residences is making waves in the real estate scene. MacGinley and his team have crafted an immersive experience that goes beyond the ordinary. While many projects rely solely on renders, Monarch Residences offers something different - a tangible connection. The decision to create a physical display was fueled by the desire to cater to a diverse range of potential buyers, allowing them to touch, feel, and truly envision their future home.

Wondering about the demographics? MacGinley shares that around 85 per cent of buyers are owner-occupiers, exceeding expectations. The project was meticulously designed with these individuals in mind, reflecting their needs and aspirations. The emotional attachment to the finishes and styles chosen is evident, making Monarch Residences more than just a place to live - it's a place to thrive.

[smartcode_project:default project_id=113455 project_image_fid=211496]

Location, reputation, and trust are the cornerstones of success in today's real estate landscape. Monarch Residences is backed by Blue Chip Developers, a collaboration between Don O'Rorke of Consolidated Properties Group and Scott Hutchinson of Hutchinson Builders. MacGinley sheds light on the unique personal relationship between these industry giants, a partnership that brings this project to life. The physical progress on-site is a testament to their commitment and instills confidence in buyers during these uncertain times.

Curious about Consolidated Properties' track record? With over 40 years of experience, they've delivered more than $3 billion worth of developments across 200 projects. This diverse portfolio, spanning residential, office, and retail spaces, showcases their expertise and commitment to quality.

Looking ahead, Monarch Residences is on track for completion in October 2025, with Hutchinson Builders even ahead of schedule - a rarity in the industry. The estimated move-in timeframe around Christmas 2025 is a reason to anticipate celebrations.

[smartcode_project:default project_id=113455 project_image_fid=211495]

Personally, MacGinley finds the design element to be one of the most rewarding aspects. The penthouse levels, designed by John Wardle Architects and Cottee Parker Architects, are an epitome of luxury, offering breathtaking 360-degree views. These meticulously crafted spaces promise a lifestyle that transcends expectations.

The timeless river views guarantee an uninterrupted skyline, a valuable asset for future growth. Just like the New Farm and Tenerife apartments that appreciated phenomenally over the years, Monarch Residences presents a unique investment opportunity with its front-row seat to the river and city.

[smartcode_project_cta:default project_id=113455]

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties to talk about the Toowong apartment development, Monarch Residences

Why owner-occupiers have embraced Consolidated Properties Group's Monarch Residences in Toowong

Welcome to Park Quarter! Join us as we explore the exciting world of modern urban living in Melbourne's vibrant landscape. In this captivating interview, we're joined by Zoe Powell, the National Director at Collier's Residential, to dive into the heart of the Sunnyland development on St Kilda Road.

Amid the fascinating discussion, Zoe Powell paints a vivid picture of the property landscape. The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence. The larger apartments stand out as the top preference among discerning buyers. The convenience-driven lifestyle has taken centre stage, with amenities like concierge services becoming a necessary inclusion in apartment living.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/nByQY7kyCGM?si=cIjIYXnkROa2xDj-" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

Curious about the buyer mix? You'll find a harmonious blend of owner-occupiers and savvy investors, each drawn to the unique advantages offered by this development. The allure of one-bedroom units is especially strong, as they present an affordable alternative to the increasingly competitive rental market.

What sets Park Quarter apart is not just its contemporary design, but also its long-standing tenure. Sunnyland's decade-long ownership of the site has paved the way for more stable pricing, shielded from the fluctuations of the market. As a result, buyers can enjoy exceptional value while witnessing stunning views over Albert Park and the iconic St Kilda Road.

The discussion delves into the intricate dynamics of preserving views in a bustling urban environment. With Albert Park on one side and St Kilda Road on the other, the project strategically balances these elements to provide residents with breathtaking panoramas. The project's thoughtful design and surroundings mitigate the impact, ensuring a lasting and cherished vista.

[smartcode_project:default project_id=134959 project_image_fid=210773]

A project's success hinges on the collaboration of talented minds, and Sunnyland boasts an impeccable team. Led by the experienced Sunnyland team, in partnership with Cox Architecture, Carr Interiors, and DKO, this project is set to redefine contemporary parkside living in Melbourne.

Dive into the unique world of Marriott Executive serviced apartments nestled within the development. This innovative concept allows residents to access hotel-like amenities with the option to tailor their experience by opting in or out. The result? A premium, hassle-free lifestyle that perfectly aligns with individual preferences.

[smartcode_project:default project_id=134959 project_image_fid=210783]

Considering investing in Melbourne's real estate? Powell offers valuable insights to potential buyers. Emphasizing the advantages of buying off the plan, she highlights the opportunity to personalize your living space without the need for extensive renovations. Park Quarter beckons as a haven for those seeking to elevate their lifestyle through thoughtfully designed residences.

Whether you're a discerning buyer, an investor, or someone seeking to upgrade their lifestyle, this development promises an exquisite blend of convenience, luxury, and sophistication.

Don't miss the chance to be a part of Melbourne's evolving urban narrative.

[smartcode_project_cta:default project_id=134959]

The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence

One of Melbourne's first project launches in three years: Unpacking Sunnyland's Park Quarter with Colliers Director Zoe Powell

Brisbane developer&nbsp;Aria Property has taken home Property Council of Australia's Innovation and Excellence Award for their South Brisbane apartment development, The Standard.

Designed by world renowned architectural firm Woods Bagot and located in the heart of South Brisbane, the landmark development soars 31 levels into the sky and homes 264 apartments. The building features extensive landscaping, with 4,732 trees and plants throughout. In addition to its lush greenery, The Standard offers three complimentary Teslas for residents' convenience and a sprawling 2,044 sqm rooftop amenity space.

[smartcode_project:default project_id=7500 project_image_fid=218737]

Aria Property Development Director, Michael Hurley, said that being recognised by the Property Council of Australia is a testament to Aria Property's commitment to continually achieve the best outcome.

"Each of our projects are extremely curated and designed specifically for their location, and The Standard is no exception," Hurley said.

"Everything within The Standard is designed to support better living, from state-of-the-art amenities to the integration of the location's surroundings, which seamlessly flows into the intricate details of the building. Our properties contribute to both their own community and the wider urban fabric, ensuring their relevance and connection with each surrounding neighbourhood — key elements that have led to The Standard’s resounding success."

[smartcode_project:default project_id=7500 project_image_fid=218733]

The Standard features a highly articulated and sculptural façade which combines high-performance double glazing, living green walls, and architectural screening. Situated in the heart of the nationally acclaimed Fish Lane arts precinct, The Standard elevates the Aria experience to new heights. At the street level, The Standard welcomes Lune Croissanterie, marking their first venue outside of Melbourne.

Recognised as Australia's Best High-Density Development by various industry bodies, The Standard sets a new standard in rooftop amenity offerings, with a striking rooftop pool crowning the tower's western edge and a resident sky lounge.

The Standard also features one of Brisbane's first Wellness Retreats which includes a day spa, three magnesium baths, two infrared steam rooms, a sauna, a yoga area, and a fully equipped fitness centre.

Aria Property Development Director, Michael Hurley, said that being recognised by the Property Council of Australia is a testament to Aria Property's commitment to continually achieve the best outcome

Aria scoop up Property Council award for South Brisbane apartment development, The Standard

National developer&nbsp;GURNER™ has continued its push into luxury home builds, unveiling five ultra-luxury mega mansions inspired by mansions found in Los Angeles.

GURNER™, headed by Tim Gurner, is working with a select group of buyers to fully customise their homes.

The $35 million Huntingtower Place – located on Aramdale's dress circle Huntingtower Road, is the next evolution of&nbsp;GURNER™, which initially created some of the country's most striking apartment developments, and has expanded into luxury hotels, wellness clubs, the build to rent market, and now high-end, freestanding houses.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="58afce57-7967-42ac-b750-39bd26397a57" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%283%29.jpg?VersionId=bwg5fXDb_NgdtmPd0sLjNrOVcDAqmEI3" />

Huntingtower Place has been designed in collaboration between&nbsp;GURNER™ Design House and Wolveridge Architects. They feature&nbsp;softer tones, natural colours and an abundance of natural light, with seamless links between indoor and outdoor.

The crown jewel of the soon-to-launch boutique project is The Mansion, a four-bedroom, 4.5-bathroom, no-expenses-spared 1000 sqm plus residence, with an asking price around $14.5 million to $15.5 million, a price range dependent on inclusions.

It features six metre-high windows and ceilings, north-facing, which&nbsp;open up the views of the wraparound Los Angeles-inspired greenery and outdoor entertainment area.

The Mansion will feature a glass-encased sunken pool which will be viewable from the private wellness gym designed by the team behind GURNER's Collingwood wellness centre, Saint Haven. Outside will also feature a private chipping and putting green.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="f41b3c19-0b09-4fc7-bdfc-fc8c8d232506" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%209.02.25%20am.png?VersionId=KKp2duIxYJs8Sph0lU8Y9rf.pPM3VnMr" />

Inside there's a private bar and library area, executive study and retreat, and a 150 sqm master bedroom with a&nbsp;private living space with fireplace, large custom wardrobe,&nbsp;a double shower and bath, and an outdoor private spa and shower.

GURNER™ Design House is led by design director Simon Brugaletta, who brings nearly two decades of experience to the team, and who has worked internationally for practices in Milan, Malta and Hangzhou, China.

The custom builds began as a passion project for founder and CEO Tim Gurner, who&nbsp;retains a hands on engagement in the design and delivery of each boutique home.

“The Mansion at Huntingtower Place has been a dream of mine for a long time – the inspiration struck when I saw an incredible home in Los Angeles many years ago, and wanted to take it even further," Gurner says.

“It’s a very unique opportunity for buyers – they can be involved with the enjoyable part, designing their home, then leave the delivery to us. Anyone who has built their own home knows how difficult the process is, so our buyers get to do all the fun parts then leave the rest to our team.

“We have then used that inspiration to take these homes to another level, with five north-facing residences that capture the essence of a mansion at a slightly smaller scale."

Gurner says&nbsp;The Mansion has been designed to be Melbourne’s best custom home, offering everything a mega mansion would offer but in a more useable and realistic size and price point for the market.

&nbsp;

<img alt="Gurner" data-entity-type="file" data-entity-uuid="ebfb1867-31c0-4382-a66f-4a16f68d0cdf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-24%20at%209.02.31%20am.png?VersionId=8032RHkp.bOXdSJcme8Mdi7TRs.iRD4z" />

“After creating a few dream homes for friends and family, I was motivated to bring this unique design perspective and level of luxury to GURNER™ projects. I look forward to exploring my passion for luxury homes and design whilst delivering something truly special to Huntingtower Road."

The boutique project is slated to launch in September, with the group aiming to deliver around six to eight boutique developments per year. Two of the homes in Huntingtower Place have already sold to existing&nbsp;GURNER™ client

The custom builds began as a passion project for founder and CEO Tim Gurner, who retains a hands on engagement in the design and delivery of each boutique home

GURNER™ releases $35 million LA-inspired Armadale mansion collection, Huntingtower Place

The most architecturally striking off the plan development to hit Melbourne's Bayside suburb of Mentone has just officially been launched the market.

Kindred&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>,&nbsp;the next collaboration to be delivered by Sloane and award winning architect Megowan, will deliver a striking collection of just 10 townhouses located in arguably the suburb's best spot.

[smartcode_project:default project_id=138768 project_image_fid=214862]

Jellis Craig Projects Director Stephen Bowtell said it's unlikely a project, with this level of architecture in this location, will be replicated in the suburb.

"This one ticks a lot of boxes," Bowtell says.

"Kindred Mentone stands out from anything that's been done in Mentone before from an architectural standpoint, but it's also one of few residential sites that faces the park, which makes it difficult to repeat."

[smartcode_project:default project_id=138768 project_image_fid=214989]

The boutique development sits across the road from&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>&nbsp;Reserve on Brindisi Street and is located less than 800 metres to the beach, on the cusp of the shopping village, and only 400 metres from the&nbsp;<a href="/developments/mentone-vic-3194">Mentone</a>&nbsp;Train Station.&nbsp;There's also a number of public and private schools in the area which is expected to attract the family buyer.

Bowtell expects interest from both young families wanting to be close to beaches, parks, schools and shops, with a lot of interest also likely to come from Bayside downsizers and empty nesters. These buyers have a bolthole down on the Mornington Peninsula and still want access to some of Melbourne's conveniences, live near the beach, without living in the heart of the city.

[smartcode_project:default project_id=138768 project_image_fid=214858]

Each townhouse, priced from $1,295,000, has three bedrooms, a minimum of two and a half bathrooms, and oversized double lock up garages, ideal for a home gym or to store bikes and paddle boards.

The boutique development also offers a selection of homes with rooftop terraces, oriented to take in views across the bay.&nbsp;<a href="/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, renowned as one of Melbourne’s finest landscape architects, has created an oasis of native plants to greet residents each time they come home.

Sloane, led by developer Adam Sloane, has created a niche of developing architecturally-driven townhouses across Melbourne. Sloane and Megowan have worked on a number of projects together over the last decade with a 100 per cent delivery rate.

Sloane has thrown their support behind Homes for Homes, an organisation which helps build homes for those in need with 0.1% of each sale to be donated to support this important cause.

[smartcode_project_cta:default project_id=138768]

Jellis Craig Projects Director Stephen Bowtell said it's unlikely a project, with this level of architecture in this location, will be replicated in the suburb


Sloane launch 'one of a kind' townhouse development in Melbourne's Mentone Bayside

Construction has wrapped on Luminess, the latest Essendon apartment development.

Drakk Pty Ltd have officially completed the building works on the $37 million Russell Street project.

The nine-level building, developed by Urbala Development and funded by Banner Asset Management, comprises 58 apartments above two retail tenancies and a three-storey underground carpark.&nbsp;

[smartcode_project:default project_id=4429 project_image_fid=32975]

Banner Asset Management provided a first mortgage construction funding facility for the project, which has already secured $71.6 million in sales across 31 units.&nbsp;

Andrew Turner, Founder and CEO of Banner Asset Management, said they were pleased to celebrate the completion of Luminess this month.

"The vast number of presales reflects the development’s unbeatable offering, which has been delivered as a response to increased demand for dwellings at this price point in the area," Turner said.&nbsp;

“The efficiency and know-how of the builder, developer, and project team have ensured a smooth build with an impressive finish.”

[smartcode_project:default project_id=4429 project_image_fid=32977]

Lawrence Lee, Director of Urbala, said Luminess is a celebration of Essendon.

"The design is in tune with the heritage buildings that surround it, but its contemporary palette and materials add a new lease of life to Russel Street," Lee said.&nbsp;

“With Banner Asset Management as funding partner, we have ensured that the development has reached completion in time to address the current rental market.”

Situated just eight kilometres north-west of the Melbourne CBD, Luminess benefits from being positioned within the heart of Essendon. Residents will be within minutes from a number of parks, as well as food, dining and retail options, including local favourite, DFO Essendon.

[smartcode_project_cta:default project_id=4429]

The nine-level building, developed by Urbala Development and funded by Banner Asset Management, comprises 58 apartments above two retail tenancies



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